He was awarded the first Nobel Prize in Economics in 1969. He shared the award with Ragnar Frisch for having developed and applied dynamic models for the analysis of economicprocesses. Tinbergen was a founding trustee of Economists for Peace and Security.

↑Leeson, R. (1998). "The Ghosts I Called I Can’t Get Rid of Now: the Keynes-Tinbergen-Friedman-Phillips Critique of Keynesian Macroeconometrics". History of Political Economy30 (1): 51–94. doi:10.1215/00182702-30-1-51 .